Proton exchange membrane (PEM) electrolysis is the electrolysis of water in a cell equipped with a solid polymer electrolyte (SPE) that is responsible for the conduction of protons, separation of product gases, and electrical insulation of the electrodes. The PEM electrolyzer was introduced to overcome the issues of partial load, low current density, and low pressure operation currently plaguing the alkaline electrolyzer.
According to our Researcher latest study, the global PEM Electrolyzers market size was valued at USD 68 million in 2022 and is forecast to a readjusted size of USD 396.2 million by 2029 with a CAGR of 28.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main application of PEM electrolyzers are hydrogen refueling station, industrial application, laboratory and other fields, of which hydrogen refueling station is the biggest market with a share about 43%, followed by industrial application and other fields. In terms of product, PEM electrolyzers can be divided into three scales: small scale, middle scale, large scale. The small scale holds a share about 73%. The major manufacturers in the world include Proton On-Site, Cummins, Siemens, Toshiba. etc.
This report is a detailed and comprehensive analysis for global PEM Electrolyzers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Scale and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global PEM Electrolyzers market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Electrolyzers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Electrolyzers market size and forecasts, by Scale and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Electrolyzers market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for PEM Electrolyzers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global PEM Electrolyzers market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proton On-Site, Cummins, Siemens, Toshiba and Kobelco Eco-Solutions, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
PEM Electrolyzers market is split by Scale and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Scale, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Scale
Small Scale
Middle Scale
Large Scale
Market segment by Application
Hydrogen Refueling Station
Industrial Application
Laboratory
Others
Proton On-Site
Cummins
Siemens
Toshiba
Kobelco Eco-Solutions
Elogen
Shandong Saksay Hydrogen Energy
ITM Power
Elchemtech
718th Research Institute of CSIC
H2B2
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Chapter 1, to describe PEM Electrolyzers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PEM Electrolyzers, with price, sales, revenue and global market share of PEM Electrolyzers from 2018 to 2023.
Chapter 3, the PEM Electrolyzers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PEM Electrolyzers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Scale and application, with sales market share and growth rate by scale, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and PEM Electrolyzers market forecast, by regions, scale and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of PEM Electrolyzers.
Chapter 14 and 15, to describe PEM Electrolyzers sales channel, distributors, customers, research findings and conclusion.
According to our Researcher latest study, the global PEM Electrolyzers market size was valued at USD 68 million in 2022 and is forecast to a readjusted size of USD 396.2 million by 2029 with a CAGR of 28.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main application of PEM electrolyzers are hydrogen refueling station, industrial application, laboratory and other fields, of which hydrogen refueling station is the biggest market with a share about 43%, followed by industrial application and other fields. In terms of product, PEM electrolyzers can be divided into three scales: small scale, middle scale, large scale. The small scale holds a share about 73%. The major manufacturers in the world include Proton On-Site, Cummins, Siemens, Toshiba. etc.
This report is a detailed and comprehensive analysis for global PEM Electrolyzers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Scale and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global PEM Electrolyzers market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Electrolyzers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Electrolyzers market size and forecasts, by Scale and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2018-2029
Global PEM Electrolyzers market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for PEM Electrolyzers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global PEM Electrolyzers market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Proton On-Site, Cummins, Siemens, Toshiba and Kobelco Eco-Solutions, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
PEM Electrolyzers market is split by Scale and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Scale, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Scale
Small Scale
Middle Scale
Large Scale
Market segment by Application
Hydrogen Refueling Station
Industrial Application
Laboratory
Others
Major players
coveredProton On-Site
Cummins
Siemens
Toshiba
Kobelco Eco-Solutions
Elogen
Shandong Saksay Hydrogen Energy
ITM Power
Elchemtech
718th Research Institute of CSIC
H2B2
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PEM Electrolyzers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PEM Electrolyzers, with price, sales, revenue and global market share of PEM Electrolyzers from 2018 to 2023.
Chapter 3, the PEM Electrolyzers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PEM Electrolyzers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Scale and application, with sales market share and growth rate by scale, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and PEM Electrolyzers market forecast, by regions, scale and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of PEM Electrolyzers.
Chapter 14 and 15, to describe PEM Electrolyzers sales channel, distributors, customers, research findings and conclusion.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.